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Cal on October 16th, 2017

MarketResearchFuture says the global energy storage market is about to grow 20% annually between now and 2023. Energy storage ranges from small to very large systems. It is segmented into mechanical energy storage, electro-chemical energy storage, thermal storage, and chemical storage. Energy storage systems have become important for storing renewable energy in recent years because of […]

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Cal on October 15th, 2017

Australian airline Qantas announced it will use biofuels on its flights from Los Angeles International airport starting in 2020. The firm said it will purchase 30 million litres annually of a 50/50 blend of plant-derived biofuel and conventional fuel to power its flights between Los Angeles and Australia. US bioenergy company SG Preston will supply the […]

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Cal on October 14th, 2017

A new study by the China University of Petroleum in Beijing says the Asian country is about to experience a peak in its total crude oil production as early as next year.  Without finding an alternative source of “new abundant energy resources”, the study warns, the 2018 peak in China’s combined conventional and unconventional oil will […]

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Cal on October 10th, 2017

Almost 50 new pure electric-car models will come to market globally between now and 2022. Globally, there will be 136 EVs on the market by the end of that year, and that does not include the hybrid models or hydrogen fuel cells. Analysts at Bernstein Research calculate that a 500-kilometer battery for an electric car costs […]

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Cal on October 5th, 2017

The government of Scotland announced it has received “overwhelming public support” to ban the practice of fracking for shale oil and gas. Fracking has been under a temporary halt in the country since 2015, and public consultation on its long-term future was carried out earlier this year. 99% of the 60,000 responses opposed fracking. The proposed ban […]

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Cal on October 4th, 2017

HIS Markit says the Permian basin in the US state of Texas holds 60 to 70 billion barrels of shale oil. This is said to be worth $3.3 trillion and could supply every US refinery with crude oil for the next 12 years. These figures are at odds with much lower estimates by the US Energy […]

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Cal on September 30th, 2017

Professor Vaclav Smil tells us that when it comes to energy storage, size matters. A small national electric grid — one handling 10 to 30 gigawatts — could rely entirely on intermittent renewable energy sources (like wind and solar) only if it had gigawatt-scale storage capable of working for many hours. The largest announced storage system, comprising more than […]

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Cal on September 25th, 2017

The Japanese government is expected to ease regulations on hydrogen refueling stations, with the goal of making the refueling points less costly to set up and to operate in the hope of spurring the adoption of fuel cell vehicles. Building a hydrogen station costs 400 million yen to 500 million yen ($3.5 million to $4.4 million), […]

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